Q

Quantum Software SA
WSE:QNT

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Quantum Software SA
WSE:QNT
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Price: 28.8 PLN 15.2% Market Closed
Market Cap: zł39.2m

P/FCFE

18.6
Current
7%
More Expensive
vs 3-y average of 17.4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18.6
=
Market Cap
zł36.9m
/
Free Cash Flow to Equity
zł2.1m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18.6
=
Market Cap
zł36.9m
/
Free Cash Flow to Equity
zł2.1m

Valuation Scenarios

Quantum Software SA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (17.4), the stock would be worth zł27 (6% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-10%
Maximum Upside
+18%
Average Upside
0%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 18.6 zł28.8
0%
3-Year Average 17.4 zł27
-6%
5-Year Average 16.6 zł25.8
-10%
Industry Average 21.9 zł33.94
+18%
Country Average 18.5 zł28.6
-1%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
PL
Quantum Software SA
WSE:QNT
39.3m PLN 18.6 6.5
US
Microsoft Corp
NASDAQ:MSFT
3.1T USD 44 24.6
US
Oracle Corp
NYSE:ORCL
494B USD 30.7 30.5
US
Palo Alto Networks Inc
NASDAQ:PANW
147.8B USD 42 99.3
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
115.4B USD 95.2 -710.4
US
ServiceNow Inc
NYSE:NOW
94.5B USD 20.4 53.8
US
VMware Inc
XETRA:BZF1
58B EUR 18.6 47.9
US
Fortinet Inc
NASDAQ:FTNT
64.1B USD 28.8 34.6
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 869.5 491.7
CN
Knowledge Atlas Technology JSC Ltd
HKEX:2513
382.1B HKD -269.9 -70.8
CN
MiniMax Group Inc
HKEX:100
217.8B HKD 54.3 -14.8
P/E Multiple
Earnings Growth PEG
PL
Q
Quantum Software SA
WSE:QNT
Average P/E: 98.6
6.5
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
24.6
18%
1.4
US
Oracle Corp
NYSE:ORCL
30.5
37%
0.8
US
Palo Alto Networks Inc
NASDAQ:PANW
99.3
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -710.4 N/A N/A
US
ServiceNow Inc
NYSE:NOW
53.8
54%
1
US
V
VMware Inc
XETRA:BZF1
47.9
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
34.6
15%
2.3
US
Xperi Holding Corp
LSE:0M2A
491.7
N/A N/A
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Negative Multiple: -70.8 N/A N/A
CN
MiniMax Group Inc
HKEX:100
Negative Multiple: -14.8 N/A N/A

Market Distribution

In line with most companies in Poland
Percentile
50th
Based on 310 companies
50th percentile
18.6
Low
0.5 — 7.5
Typical Range
7.5 — 27.4
High
27.4 —
Distribution Statistics
Poland
Min 0.5
30th Percentile 7.5
Median 18.5
70th Percentile 27.4
Max 2 825.7

Quantum Software SA
Glance View

Market Cap
39.2m PLN
Industry
Technology

Quantum Software SA is a holding company, which engages in the provision of software solutions. The company is headquartered in Krakow, Woj. Malopolskie and currently employs 176 full-time employees. The company went IPO on 2007-08-16. The Company’s range of activities includes the software development and custom-made software design, installation and implementation, including hardware elements. Its offering also includes trainings, as well as after-sale support and services. The Company’s main product portfolio includes Qguar, a warehouse and distribution management software and SAP line of products, enterprise management applications, as well as various customized solutions. Its main customers are companies engaged in the operation of distribution centers, warehouses delivering logistic services and engaged in transport logistics. On July 15, 2014, the Company established new wholly owned subsidiary, Quantum Qguar Sp z o o. On July 2014, the Company informed that Quantum Assets sp. z o.o. has transferred its entire stake to its subsidiary, MINVESTA sp zoo.

QNT Intrinsic Value
43.37 PLN
Undervaluation 34%
Intrinsic Value
Price zł28.8
Q
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